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Akzo Nobel issues profit warning

Akzo Nobel has issued a profit warning and announced a revamp that will include the chief financial officer stepping aside. As Francis Maguire reports, the Dutch paint maker blamed cost inflation and currency headwinds...

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Viacom offers to buy Scripps Networks

Viacom told Scripps Networks Interactive it is willing to pay all cash to acquire the U.S. TV network operator, according to sources. Fred Katayama reports. Viacom offers to buy Scripps Networks

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Kors tries Choo for size in $1.2 bln deal

U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British brand launched in the east end of London and made famous by celebrity fans including...